Oil and Gas

4:04pm

Mon March 5, 2012
The Two-Way

High Court To Reconsider Major Human Rights Ruling

Originally published on Mon March 5, 2012 4:24 pm

The U.S. Supreme Court said Monday that it will hear reargument next term in a major human rights case, raising the specter that the justices might reverse a 2004 ruling that allowed some lawsuits in U.S. courts for human rights atrocities committed abroad.

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5:00am

Mon March 5, 2012
Business

Colorado Oil Boom Fuels Demand for Engineers

The Colorado School of Mines in Golden, Colo, has a nearly perfect employment rate for students graduating in petroleum engineering.
Kirk Siegler KUNC

New technology around hydraulic fracturing is leading to an oil drilling boom in states like Colorado – where companies are eager to develop the Niobrara shale formation along the Front Range.

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2:24pm

Sat March 3, 2012
Around the Nation

Settlement Only The First Step In BP's Legal Woes

Originally published on Sat March 3, 2012 3:09 pm

A cross with the words "Promises Made"-- referring to statements from BP and government officials — stands in front of a pile of crosses symbolizing things that were impacted by the spill, in a front yard in Grand Isle, La.
Patrick Semansky AP

Oil giant BP has agreed to settle thousands of lawsuits stemming from its well blowout in the Gulf of Mexico.

The deal was announced late Friday and prompted a federal judge in New Orleans to postpone a Monday trial, but the proposed settlement solves only one piece of BP's legal exposure from the worst environmental disaster in U.S. history.

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7:40am

Thu March 1, 2012
It's All Politics

Thursday Political Grab Bag: Obama To Call For End To Oil Company Tax Breaks

With Republicans blaming his energy policies for higher gas prices and rising fears that U.S. gas prices could hit an average of $5 a gallon, President Obama on Thursday will renew a call Democrats make whenever oil prices rise that Congress repeal tax breaks for oil companies.

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10:01pm

Mon February 27, 2012
Law

Human Rights Victims Seek Remedy At High Court

Charles Wiwa fled Nigeria in 1996 following a crackdown on protests against Shell's oil operations in the Niger Delta. Now a resident of Chicago, Wiwa and other natives of the oil-rich Ogoni region are suing Shell for human rights violations.
Charles Rex Arbogast AP

Human rights are front and center at the U.S. Supreme Court on Tuesday in two cases testing how American law intersects with international law. At issue in both cases is whether foreign nationals in the United States can sue corporations or other entities in U.S. courts for alleged violations of human rights.

The case that has corporate teeth chattering is a lawsuit against Royal Dutch Shell Oil, which is accused of aiding and abetting the Nigerian government in committing atrocities in the 1990s.

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